ShareChat, MX Media announce Moj-MX TakaTak merger in $700M deal
Popular short video platforms ShareChat's Moj and MX TakaTak have signed a deal to acquire and merge Times Internet-owned MX Takatak.
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Popular short video platforms ShareChat's Moj and MX TakaTak have signed a deal to acquire and merge Times Internet-owned MX Takatak.
The two platforms will now be controlled by ShareChat
Mumbai (Maharashtra) [India], February 11 (ANI/Mediawire): MX Media Co
Mohalla Tech, the parent company of homegrown social media apps Moj and ShareChat, is acquiring Times Internet-owned short-video platform MX TakaTak for nearly $600 million (about Rs 4,500 crore), sources said here on Thursday.In 2021, Mohalla ...
Tiger Global-backed ShareChat and Times Internet-owned on-demand video streaming service MX Player have agreed to “strategically merge” their short video apps Moj and MX TakaTak, the two firms said Thursday, in a move they said would create India’s largest short-video platform. The deal is structured this way: MX Media, the parent firm of MX Player […]